Address
635 Elm Street, Woonsocket, RI
Price
$ 625,000
Property Attributes
- MLS#1348897
- TypePending
- CountyPROVIDENCE
- CityWoonsocket
- Zip02895
- StyleCommercial
- Year Built1900
- Taxes$ 7951
- Price$ 625,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6200
- Lot Size5,663 SqFt
Data Source:
Rhode Island Statewide MLS (RIAR)
Property Description
YOU DO NOT WANT TO MISS THIS on this 5 unit multi family property as your next addition onto your investment portfolio. The property boasts a total of five units: one 4-bed 1-bath, one 1-bed 1-bath, and three 2-bed 1-bath units, all with good paying tenants. Adequate parking space is a convenient feature to the property that allows up to 5 cars off-street parking. Most of the units feature hardwood flooring, and well maintained units with porches connecting to main hallways offering tenants additional outdoor space. Located in the middle of Woonsocket, this property is close to all major highways for a short commute.
| Price History | |
|---|---|
| 12/4/2023 | Listed $650,000 |
| 2/6/2024 | 4% - $625,000 |
General Features
| Sewer | Connected |
|---|---|
| Utilities | SewerConnected |
| Construction Materials | Frame |
| Year Built | 1900 |
| Electric | Item100AmpService |
| Property SubType | Commercial |
| Tax Year | 2023 |
| Gross Income | 83940.0 |
| Community Features | Sidewalks |
| County | Providence |
| Insurance Expense | 4110.0 |
| New Construction | No |
| Property Type | CommercialSale |
| HOA / Comm Assn | No |
| Attached Garage | No |
| MaintenanceExpense | 4234.0 |
| Garage Y/N | No |
| Status | Pending |
| City | Woonsocket |
| Buyer Agent Compensation | 2%NVS |
| View Y/N | No |
| Senior Community Y/N | No |
| Total Units | 5 |
| Lot Size Square Feet | 5663.0 |
| Waterfront Y/N | No |
| Carport Y/N | No |
| Street Name | Elm |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 7951.0 |
| Electric Expense | 5750.0 |
| Home Warranty Y/N | No |
| Fuel Expense | 8922.0 |
| Trash Expense | 1755.0 |
| Water Sewer Expense | 6687.0 |
| Lease Renewal Y/N | No |
| Additional Parcels Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Virtual Tour | https://tour.RiLiving.com/635-639-Elm-ST-Woonsocket-RI-02895--1348897 |
| Days on Market | 127 |
| Standard Status | Pending |
| Tax Assessed Value | 306500 |
| Tax Lot | 138 |
| Cap Rate | 9.5 |
| MobileHomeRemainsYN | No |
Interior Features
| Basement (Y/N) | No |
|---|---|
| Air Conditioning Y/N | No |
| Heating Y/N | No |
| Fireplace Y/N | No |
| Above Grade Finished Area | 6200.0 |
| Street Suffix | Street |
| Electric On Property Y/N | No |
Exterior Features
| Total Parking | 5.0 |
|---|---|
| Lot Size Area | 5663.0 |
| Number of Buildings | 1 |
| Spa | No |
| Building Area Total | 6200.0 |
| Lot Size Units | SquareFeet |
| Crops Included Y/N | No |
| Open Parking Y/N | No |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 02895
Price
Taxes
Visits
Year Built
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